to a 4-month high of -12.8, although weaker than expectations of -12.6. Swaps are discounting the chances at 100% for a -25 bp rate cut by the ECB for the December 12 meeting and at 19% for a -50 bp ...
Today’s retreat in the dollar index to a 2-week low is bullish for metals prices. Also, today’s slide in global bond yields is supportive of precious metals. In addition, expectations for the Fed to ...